12 terms

34 - Understanding the Cash Flow Statement

STUDY
PLAY
Cash Received from Customers
Revenue - Increase in accounts receivable
Ending Accounts Receivable
Beginning accounts receivable + Revenue - Cash collected from customers
Cash Received from Customers
Revenue + Decrease in accounts receivable
Ending Inventory
Beginning inventory + Purchases - COGS
Cash Paid to Suppliers
COGS + Increase in inventory - Increase in accounts payable
Ending Accounts Payable
Beginning accounts payable + Purchases - Cash paid to suppliers
Purchases (from suppliers)
COGS + Increase in inventory
Purchases (from suppliers)
COGS - Decrease in inventory
Cash Paid to Employees
Salary and wage expense - Increase in salary and wage payable
Cash Paid to Employees
Salary and wage expense + Decrease in salary and wage payable
Cash Paid for Other Operating Expenses
Other operating expenses - Decrease in prepaid expenses - Increase in other accrued liabilities
Cash Paid for Other Operating Expenses
Other operating expenses + Increase in prepaid expenses + Decrease in other accrued liabilities